HK Stock Market Move | TONGCHENGTRAVEL(00780) rose more than 5% at the close. Tongcheng Travels "Large Heart" model will be integrated into DeepSeek, with revenue growth in the fourth quarter expected to exceed 25%.

TONGCHENGTRAVEL (00780) surged more than 5% in the final trading session, with a 5.33% increase as of the time of publication, reaching HK$18.18, with a trading volume of HK$1.58 billion. In terms of news, on February 28, TONGCHENGTRAVEL announced that the Tongcheng Xincheng Great Model will be fully integrated into DeepSeek, becoming the first OTA platform to integrate the DeepSeek Great Model. Tongcheng Xincheng is a tourism industry-specific model independently developed by TONGCHENGTRAVEL, and in the future, it will work closely with DeepSeek to provide users with professional and intelligent travel solutions. The feature is currently in the internal testing phase and is expected to be officially available to users in early March. China Securities Co., Ltd. released a research report stating that TONGCHENGTRAVEL's fourth-quarter revenue growth is expected to be between 25%-30%, with OTA revenue growth at 17%-22%. Hotel revenue is expected to increase by around 20%-25%, transportation revenue by 15%-20%, and other revenue by 15%-20%. Other income DRIVE is mainly expected to come from hotel management and online travel agencies. The two core businesses of hotels and transportation tickets maintain stable growth, with efforts to empower the industry chain and gradually increase the proportion of outbound business, with plans to strengthen overseas business investment by 2024. The company has a significant advantage in the competition landscape.